# Terrace 31 > Terrace 31, Hoover, AL: 5 units from $990/mo. See this building's full price history, tracked daily for every unit. Prices last verified October 15, 2026. Canonical: https://average-rent.com/city/hoover-al/terrace-31-hoover-al/ ![Terrace 31 apartments in Hoover, AL](https://average-rent.com/api/photo/p/10864?w=1200) Prices last verified October 15, 2026 4.6 (28 reviews) [Official Website](http://www.terrace31apt.com/) Prices last verified October 15, 2026; availability may have changed since 5 Units Listed $990 Starting at $1,069 Average $1,250 Highest $1.43 Per Sq Ft [PRO](https://whop.com/work4coins-llc/average-rent-pro/): Avg Days Listed How does this compare? [View Pelham 35124 rent trends](https://average-rent.com/city/hoover-al/trends/35124/) Beds ## Pricing by Bedroom 1 Bed $993 from $990 · 3 units ~615 sqft avg 2 Bed $1,183 from $1,115 · 2 units ~951 sqft avg ### Rent Distribution The final bar groups units at that price or more when the range is wide. ### Price by Bedroom ## Price Breakdown ### Rent by Unit ### Price vs. Square Footage ## Price History Lines hold the last known price between updates. Diamond markers show changes in quote terms. Timeframe ### Property Price Trend ### Recorded building rent history | Date or category | Average monthly rent (USD) | | --- | --- | | 2026-06-13 | 1,240 | | 2026-06-18 | 1,240 | | 2026-06-19 | 1,240 | | 2026-06-28 | 1,240 | | 2026-06-29 | 1,240 | | 2026-06-30 | 1,240 | | 2026-07-01 | 1,240 | | 2026-07-02 | 1,240 | | 2026-07-03 | 1,240 | | 2026-07-04 | 1,240 | | 2026-07-05 | 1,240 | | 2026-07-06 | 1,240 | | 2026-07-07 | 1,240 | | 2026-07-10 | 1,240 | | 2026-07-11 | 1,240 | | 2026-07-14 | 1,240 | | 2026-07-18 | 1,240 | | 2026-07-19 | 1,240 | | 2026-07-20 | 1,240 | | 2026-07-21 | 1,240 | | 2026-07-22 | 1,240 | | 2026-07-23 | 1,240 | | 2026-07-24 | 1,240 | | 2026-07-25 | 1,240 | | 2026-07-26 | 1,240 | | 2026-07-27 | 1,240 | | 2026-07-29 | 1,240 | | 2026-07-30 | 1,240 | | 2026-07-31 | 1,050 | | 2026-08-03 | 1,050 | | 2026-08-05 | 1,046 | | 2026-08-06 | 1,046 | | 2026-08-07 | 1,046 | | 2026-08-08 | 1,046 | | 2026-08-09 | 1,046 | | 2026-08-10 | 1,046 | | 2026-08-11 | 1,046 | | 2026-08-12 | 1,046 | | 2026-08-13 | 1,046 | | 2026-08-14 | 1,023 | | 2026-08-18 | 1,023 | | 2026-08-19 | 1,178 | | 2026-08-20 | 1,178 | | 2026-08-21 | 1,113 | | 2026-08-22 | 1,113 | | 2026-08-23 | 1,113 | | 2026-08-24 | 1,113 | | 2026-08-25 | 1,113 | | 2026-08-26 | 1,113 | | 2026-08-28 | 1,113 | | 2026-08-30 | 1,113 | | 2026-09-03 | 1,080 | | 2026-09-06 | 1,080 | | 2026-09-07 | 1,080 | | 2026-09-08 | 1,080 | | 2026-09-09 | 1,080 | | 2026-09-10 | 1,088 | | 2026-09-13 | 1,088 | | 2026-09-14 | 1,088 | | 2026-09-15 | 1,088 | | 2026-09-16 | 1,088 | | 2026-09-17 | 1,088 | | 2026-09-18 | 1,088 | | 2026-09-21 | 1,088 | | 2026-09-24 | 1,088 | | 2026-09-27 | 1,088 | | 2026-09-30 | 1,088 | | 2026-10-03 | 1,088 | | 2026-10-05 | 1,088 | | 2026-10-09 | 1,088 | | 2026-10-12 | 1,088 | | 2026-10-15 | 1,088 | ## Estimated Building Revenue Est. Monthly Revenue $6,665 $80K annual run rate Modeled estimate Est. Occupancy 55% of about 11 units (modeled from leasing activity) Effective Rent on New Leases $1,111 vs $1,069 current asking ### Recent Lease Activity 11 units tracked; 6 assumed leased, 5 listed now See which units leased, when they left the market, and the rent they leased at. [Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/) ## Property Intelligence How is this calculated? Negotiation Leverage Score (0-100) Based on 5 observable signals from the property's listing data: - +30 pts: 15+ units currently listed - +25 pts: Active move-in specials - +20 pts: Deep discounts (>$150/mo off) - +15 pts: 5+ distinct floor plans - +10 pts: 25+ units listed All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it. Listed Units 5 Moderate availability 3 floor plans Move-in Specials 0 No active promotions Negotiation Leverage Limited leverage The available listings show few signs of room to negotiate. ### Price vs. Hoover, AL Similar Terrace 31 $990 [Apex Hoover](https://average-rent.com/city/hoover-al/apex-hoover-hoover-al/): $1,025 [The Halston](https://average-rent.com/city/hoover-al/the-halston-hoover-al/): $1,034 [Verandas at Rocky Ridge](https://average-rent.com/city/hoover-al/verandas-at-rocky-ridge-hoover-al/): $1,073 [The Benton](https://average-rent.com/city/hoover-al/the-benton-hoover-al/): $1,085 [Chace Lake Villas](https://average-rent.com/city/hoover-al/chace-lake-villas-hoover-al/): $1,210 Comparing this building against 5 similar Hoover, AL apartments by price. Click any bar to view that building. [See rent trends on the Hoover, AL map](https://average-rent.com/city/hoover-al/rent-map/) [Explore Hoover, AL on the interactive map](https://average-rent.com/search/#city=hoover-al) ## Available Units Sort 5 units Select a unit to see its price history and link to the rental site. These prices were last verified on October 15, 2026. We have not been able to confirm current availability since, so some units may no longer be listed. 1 Bed / 1 Bath Unit 1 $990/mo 495 ft² · $2.00/ft² Available: Contact for availability 1 Bed / 1 Bath Unit 2 $995/mo 675 ft² · $1.47/ft² Available: Contact for availability 1 Bed / 1 Bath Unit F06 $995/mo 675 ft² · $1.47/ft² Starting base rent Available: Contact for availability 2 Bed / 2 Bath Unit 3 $1,115/mo 951 ft² · $1.17/ft² Available: Contact for availability 2 Bed / 2 Bath Unit 4 $1,250/mo 951 ft² · $1.31/ft² Available: Contact for availability | Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Listed | Details | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | | 1bd / 1ba | 495 | $990 | $2.00 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | | 2 | | 1bd / 1ba | 675 | $995 | $1.47 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | | F06 | | 1bd / 1ba | 675 | $995 Starting base rent | $1.47 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | | 3 | | 2bd / 2ba | 951 | $1,115 | $1.17 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | | 4 | | 2bd / 2ba | 951 | $1,250 | $1.31 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | ## Garages and parking Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits. [Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/) City Club ## Resident Notes & Access Codes Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. [See all Hoover, AL notes](https://average-rent.com/city/hoover-al/resident-access/) No resident notes for this property yet. ## Similar Apartments in Hoover, AL [The Halston](https://average-rent.com/city/hoover-al/the-halston-hoover-al/): ![The Halston apartments](https://average-rent.com/api/photo/p/10865?w=640) From $1,034/mo 4.2 rating 9 units 3.2 mi away · 4% above [The Benton](https://average-rent.com/city/hoover-al/the-benton-hoover-al/): ![The Benton apartments](https://average-rent.com/api/photo/p/10856?w=640) From $1,085/mo 4.3 rating 4 units 3.5 mi away · 10% above [Chace Lake Villas](https://average-rent.com/city/hoover-al/chace-lake-villas-hoover-al/): ![Chace Lake Villas apartments](https://average-rent.com/api/photo/p/10848?w=640) From $1,210/mo 4.3 rating 9 units 2.1 mi away · 22% above [Verandas at Rocky Ridge](https://average-rent.com/city/hoover-al/verandas-at-rocky-ridge-hoover-al/): ![Verandas at Rocky Ridge apartments](https://average-rent.com/api/photo/p/10860?w=640) From $1,073/mo 3.3 rating 17 units 4.0 mi away · 8% above [Apex Hoover](https://average-rent.com/city/hoover-al/apex-hoover-hoover-al/): ![Apex Hoover apartments](https://average-rent.com/api/photo/p/10861?w=640) From $1,025/mo 3.8 rating 2 units 4.6 mi away · 4% above ### Pelham 35124 Rent Trends See how rent prices are changing in Pelham 35124 and across Hoover, AL. [View Trends](https://average-rent.com/city/hoover-al/trends/35124/)